The OilSpot News by Telvent DTN
Monday, August 29, 2011 VOLUME 10 ISSUE 468  



The Pantry, Marathon Add 70 Sites to Fuel Supply Agreement
Eco-Energy to Build Ethanol Unit Train at N.C. Facility
Canadian, Asian Markets Support Northern Gateway Project
ATA’s For-Hire Truck Tonnage Index Slips 1.3% in July from June
DOT says Vehicle Miles Traveled in June Slide 1.4% on Year
Colonial Pipeline Operations Return to Normal after Earthquake
SUG to Build 200 MMcf/d NGL Processing Plant in Permian Basin


US Retail Gasoline Average Falls 2.3cts to $3.581 Gallon
US Retail Diesel Average Slides 2.5cts to $3.810 Gallon
Propane Supply Posts 1.6 Million Bbl Build to 52.0 Million Bbl


State Dept. Issues Final Keystone XL Pipeline Project EIS
PHMSA OKs ExxonMobil Resuming Portion of Silvertip Pipeline Deliveries
Fuel Waiver for Tennessee to Expire Wednesday
N.J. Gov. Christie Seeks One-Year Ban on Hydraulic Fracturing
SPR Crude Oil Deliveries Reach 72% of Total IEA Commitment
NEDAK Ethanol Penalized for Lack of Risk Management Plan
ATA: RFS Biodiesel Requirements would mean Costlier Fuel


Economic Indicators


Weekly Rack Postings

AAA sees Uptick in Holiday Driving
But says Economic Uncertainty to Impact Labor Day Weekend Travel

The Automobile Association of America forecasts 31.5 million Americans will travel 50 miles or more from home during the Labor Day holiday weekend, a 2.4% decrease from the 32.3 million people who traveled a year ago, according to an Aug. 24 news release.

“AAA is projecting a decrease in the number of Labor Day travelers as some Americans react to recent economic uncertainty and increasing air fares,” said Glen MacDonell, director, AAA Travel Services. “While automobile travel is expected to increase slightly, if recent declines in gasoline prices continue through Labor Day, we could see an increase in last-minute holiday weekend travel.”


[FULL STORY]
 

Changing Roles in Biofuels
EIA notes US Switch from Ethanol Importer to Ethanol Exporter

The United States traded places from being a significant importer of ethanol during 2006 to 2008 to a major exporter starting in late 2010 and early 2011, according to the Energy Information Administration’s most recent “This Week in Petroleum” report, released Aug. 24.

“Looking forward, federal and state policies could drive a future in which the United States imports significant volumes of sugarcane ethanol from Brazil at the same time it continues to export corn-based ethanol to Brazil and other countries,” the EIA said.


[FULL STORY]
 

In Testimony Last Week
API Critical of EPA’s New Secondary Standards for NOx, SOx
by Myke Feinman

The American Petroleum Institute criticized the Environmental Protection Agency’s proposed secondary standards for oxides of nitrogen and sulfur in an Aug. 23 conference call, and offered that critique in testimony at an EPA public hearing on the issue on Aug. 25.

API’s Director of Regulatory and Scientific Policy Howard Feldman addressed reporters during a press conference last week, noting EPA Administrator Lisa Jackson’s decision to reject the staff recommendation to establish secondary NOx/SOx standards was “sound.”


[FULL STORY]
 


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